Does Global Net Lease Inc (GNL) offer a good opportunity for investors?

With 1.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.3 million shares. During the session, the REIT – Diversified company that operates in wider Real Estate sector, reached to the highest price of $7.51 whereas the lowest price it dropped to was $7.27. The 52-week range on GNL shows that it touched its highest point at $10.19 and its lowest point at $6.52 during that stretch. It currently has a 1-year price target of $9.70. With its current market cap of 1.68 billion, GNL has annualized dividend of $1.18 while the current yield stands at 16.20%. Beta for the stock currently stands at 1.33.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GNL was down-trending over the past week, with a drop of -8.54%, but this was down by -15.25% over a month. Three-month performance dropped to -11.44% while six-month performance fell -6.19%. The stock lost -14.75% in the past year, while it has lost -26.83% so far this year.

Float and Shares Shorts:

At present, 230.89 million GNL shares are outstanding with a float of 199.97 million shares on hand for trading. On 2024-10-31, short shares totaled 5.36 million, which was 231.99999999999997 higher than short shares on 1727654400. In addition to Mr. Edward Michael Weil Jr. as the firm’s President, CEO & Director, Mr. Christopher J. Masterson CPA serves as its CFO, Treasurer & Secretary.

Institutional Ownership:

Through their ownership of 0.63562 of GNL’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, GNL reported revenue of $196564000.0 and operating income of $62712000.0. The EBITDA in the recently reported quarter was $152677000.0 and diluted EPS was -$0.33.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GNL since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GNL analysts setting a high price target of 12.0 and a low target of 7.0, the average target price over the next 12 months is 9.7. Based on these targets, GNL could surge 64.84% to reach the target high and fall by -3.85% to reach the target low. Reaching the average price target will result in a growth of 33.24% from current levels.

Analysts have provided yearly estimates in a range of $0.99756 being high and $0.98244 being low. For GNL, this leads to a yearly average estimate of $0.99.